HAVANA — The Russian invasion of Ukraine is making Cuba’s three-year-old foreign exchange crisis worse as import costs jump, undermining an incipient recovery and threatening more hardship for residents, according to economic experts and businessmen. Vital imports including fuel and grains have seen prices soar between 25 percent and 40 percent this year, putting new […]
Tag: Russian Federation
Cuba Struggles To Buy Fuel As Imports From Venezuela Dwindle -Data Indicates
From The Thomson Reuters Trust HAVANA — Cuba is struggling to cover a fuel deficit as imports from Venezuela and other countries remain below historical levels and global prices boosted by Russia’s invasion of Ukraine make purchases almost unaffordable, according to analysts and data. The Caribbean country, which is dependent on fuel imports mostly from […]
Cuba Adopts Russian Narrative On Ukraine War
HAVANA — When Brent Renaud was killed covering the impact of the Ukraine war, state media in Cuba described the American photojournalist as a CIA agent. The state-run news website Cubadebate cited an Iranian news outlet as the source of the story, which it ran on March 13. But it didn’t specify the name of the […]
Russian War Sanctions Mean A Struggle For Cuban Car Owners
ARTEMISA, Cuba (AP) — Francisco Pérez Rodríguez has a car problem — one that’s starting to be all too common for many Cubans. He’s been rebuilding the engine of his father-in-law’s Moskvich — one of tens of thousands of cars and other vehicles that poured into Cuba from its Cold War allies in the Soviet […]
Antigua Says It Is Willing To Help UK Seize Abramovich Yachts
ST. JOHN’S — Antigua and Barbuda is willing to help Britain seize yachts owned by sanctioned Russian oligarch Roman Abramovich, the Caribbean nation said on Friday, adding London must seek such assistance via an international treaty. The Financial Times first reported the vessels Halo and Garcon, currently moored in Antigua and Barbuda, were owned by […]
Lies Dominate Social Media Battle In Cuba Over Russia’s Invasion Of Ukraine
The Cuban state’s main priority is reaching out to young people through social media HAVANA — The Russian invasion of Ukraine did not come as a surprise to the international community. The ongoing tensions between the two nations in recent years foreshadowed the worst that was yet to come: the superpower’s brutal aggression against Ukraine. […]
Russians Have $3 Billion In Assets In Bahamas, Central Bank Says
NASSAU (Reuters) — Financial institutions in the Bahamas have around $3 billion in assets whose owners are linked to Russia, the Caribbean nation’s central bank said late on Friday. The Bahamas on March 12 ordered a halt all transactions with Russian entities that have been put under sanction by Western nations. The central bank found […]
Ukraine’s Capital Under Fire, But 3 EU Nation Leaders Still Plan To Visit
KYIV, Ukraine (AP) — Russia’s relentless bombardment of Ukraine edged closer to central Kyiv today, with a series of strikes hitting a residential neighborhood as the leaders of three European Union countries planned a bold visit to Ukraine’s embattled capital in a show of support. Shortly before dawn, large explosions thundered across Kyiv from what Ukrainian authorities said was […]
Pregnant Woman, Baby Die After Яussia Bombed Maternity Ward
MARIUPOL, Ukraine (AP) — A pregnant woman and her baby have died after Russia bombed the maternity hospital where she was meant to give birth, The Associated Press has learned. Images of the woman being rushed to an ambulance on a stretcher had circled the world, epitomizing the horror of an attack on humanity’s most […]
Яussians Disappear From Cuban beaches, Casting Doubt On Tourism Яecovery
HAVANA — When planeloads of Russian tourists left Cuba this week, their vacations interrupted by war in Ukraine, it marked a sad day in the resort town of Varadero, a visible sign the conflict will rattle the island nation’s fragile economy. Varadero, a finger of white sand extending out into the blue Caribbean sea, has […]